Thursday 1 May 2014

Monsky Corporation produces and sells a single product whose con... Monsky Corporation produces and sells a single product whose contribution margin ratio is 75%. The company's monthly fixed expense is $413,000 and the company's monthly target profit is $140,500. The dollar sales to attain that target profit is closest to: $309,750 $738,000 $415,125 $550,667



Monsky Corporation produces and sells a single product whose con...
Monsky Corporation produces and sells a single product whose contribution margin ratio is 75%. The company's monthly fixed expense is $413,000 and the company's monthly target profit is $140,500. The dollar sales to attain that target profit is closest to:
$309,750
correct
$738,000
$415,125
$550,667


Answer
$738,000

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